DeFi Technologies Inc.

Quotes on the Canadian fintech DeFi Technologies <a href="https://www.marketwatch.com/investing/stock/deftf">jumped</a> 20% in U.S. OTC trading on Friday, May 9, and surged 15% today, May 12, in Frankfurt. These gains came after the company <a href="https://www.newswire.ca/news-releases/defi-technologies-receives-approval-to-list-on-nasdaq-844528344.html">announced</a> that it had received approval to list its shares on the Nasdaq Capital Market, with trading to commence today. The move is expected to boost liquidity and broaden access to the company for investors.

Fintech DeFi jumps 20% in the U.S. on Nasdaq listing approval


Shares of fintech company DeFi Technologies rose around 6.0% on the Cboe Canada stock exchange and about 3.5% in <a href="https://www.nasdaq.com/market-activity/stocks/deftf">over-the-counter trading</a> in New York on Monday, October 7. The gains followed the <a href="https://www.prnewswire.com/news-releases/defi-technologies-completes-acquisition-of-leading-digital-asset-liquidity-provider-stillman-digital-302268494.html">announcement</a> that the company had completed the acquisition of Stillman Digital, a leading digital asset liquidity provider. Zacks Small-Cap Research (Zacks SCR) has said it believes DeFi is trading at about half its fair value.

Fintech DeFi buoyed by completed acquisition of digital asset liquidity provider

Shares of fintech company DeFi Technologies <a href="https://www.nasdaq.com/market-activity/stocks/deftf">surged</a> more than 13% in OTC trading on Thursday, August 15. The company <a href="https://www.prnewswire.com/news-releases/defi-technologies-inc-announces-q2-2024-financial-results-achieving-its-strongest-financial-quarter-to-date-record-revenues-of-c-133-2-million-us-98-0-million-and-128-2-million-us-94-4-million-for-the-three-and-six-months-ended-june-30-2024-863755235.html#:~:text=DeFi%20Technologies%20Inc.-,Announces%20Q2%202024%20Financial%20Results%3A%20Achieving%20Its%20Strongest%20Financial%20Quarter,US%2453.2%20million)%20for%20the">reported</a> its "strongest financial quarter to date" and raised its full-year revenue guidance by approximately 50%.